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The article focuses on the current state of the U.S. job market and economic indicators. Topics include stronger-than-expected job growth and a rise in unemployment, the moderation in inflation and its impact on interest rates, and the forecasted modest economic growth and consumer spending patterns for the near future.

This article explores the connection between government budget expenditures and economic growth in Uzbekistan. It analyzes various theoretical perspectives and empirical studies on the topic, which have produced mixed results. To contribute to the understanding of this relationship in Uzbekistan, the study applies statistical analysis using the Engle-Granger Cointegration model and the Granger causality test models. The findings reveal a positive and significant correlation between government spending and GDP, indicating that increased government expenditures can contribute to economic growth. These results align with the principles of Keynesian economics and Wagner's Law. It is important to consider the country's specific context and policies when interpreting these findings. [Extracted from the article]

The article presents the discussion on creating an environment of modest economic growth. Topics include supply chain woes exacerbating by slowdowns in Chinese production and the Ukraine war weighing heavily on the oil and gas and grain markets; and decrease in the pandemic assistance payments and a resurgence of the Omicron variant.

On the other hand, in the absence of a balanced budget assumption, a rise in government consumption expenditure has a positive effect in both regimes. In a formal model, Parui incorporates this idea by assuming labour productivity is an increasing function of government investment expenditure. This Special Issue is a Festschrift for Professor Malcolm Sawyer, the Managing Editor of the I International Review of Applied Economics i for thirty years, from its launch in 1987 until his retirement in 2017, when he passed the baton on to Professor Jonathan Michie. In 'UK and other advanced economies productivity and income inequality', Philip Arestis focuses on weak productivity growth - in the UK and other advanced economies - which has been slowing down since around 2000, and on increasing income inequality. [Extracted from the article]

The almost unlimited access of the general public to economic information of all kinds and distributed by very diverse means makes it increasingly necessary to have rigorous analyses that allow critical interpretation of the information and provide economic agents with tools that allow them to make their decisions in the most appropriate way. Using micro-level data from the Spanish Survey on Household Finances (Encuesta Financiera de las Familias) during the period 2002-2017, their results confirm that there is a strong effect of housing wealth on non-durable consumption of the Spanish households. In conclusion, both empirical studies facilitate the understanding of two economic crises (the COVID-19 pandemic and the housing crisis) and their impact in the labour market and the household consumption. [Extracted from the article]